NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
MEANING AND USE OF THE LEGAL TERMS: RES INTEGRE Meaning and Use of the Legal Term: Res Integre Res integra is a Latin legal term that translates to “untouched thing” or “intact matter.” In legal contexts, it refers to a situation where a matter or issue is unaffected or unchanged, usually implying that it remains […]
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RERA AND REAL ESTATE AGENTS: ROLES, RESPONSIBILITIES, AND REGULATIONS RERA and Real Estate Agents: Roles, Responsibilities, and Regulations The Real Estate (Regulation and Development) Act, commonly known as RERA, introduced in 2016, revolutionized the real estate sector in India. One of its pivotal aspects was the regulation of real estate agents, aiming to bring transparency
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RERA AND TRANSPARENCY IN REAL ESTATE TRANSACTIONS: A COMPREHENSIVE ANALYSIS RERA and Transparency in Real Estate Transactions: A Comprehensive Analysis The Real Estate (Regulation and Development) Act, 2016 (RERA) has been a game-changer in the real estate sector, aiming to bring transparency and accountability to real estate transactions in India. Its impact has been significant,
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CONSUMER PROTECTION UNDER RERA: UNDERSTANDING RIGHTS AND REMEDIES The Real Estate (Regulation and Development) Act, 2016 (RERA) stands as a sentinel of consumer rights in the real estate sector. Designed to safeguard buyers’ interests, RERA ensures transparency, accountability, and timely delivery of projects. Here are the key points elucidating consumer protection under RERA: 1. Mandatory
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RERA COMPLIANCE: CHALLENGES AND OPPORTUNITIES FOR REAL ESTATE DEVELOPERS RERA Compliance: Challenges and Opportunities for Real Estate Developers The Real Estate (Regulation and Development) Act, commonly known as RERA, was introduced in 2016 with the primary goal of regulating the real estate sector in India. While RERA aims to protect buyers’ interests and bring transparency
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THE IMPACT OF RERA: ASSESSING ITS INFLUENCE ON REAL ESTATE MARKETS The Real Estate (Regulation and Development) Act, commonly known as RERA, stands as a transformative legislation in India’s real estate sector. Since its implementation in 2016, RERA has significantly influenced the dynamics of the real estate markets, aiming to protect buyers’ interests, enhance transparency,
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MULTIPLE-CHOICE QUESTIONS WITH ANSWERS RELATED TO REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016 What is the primary objective of the Real Estate (Regulation and Development) Act, 2016? a) To regulate property prices b) To establish a Real Estate Regulatory Authority (RERA) for regulation and promotion of the real estate sector c) To restrict the sale
MEANING AND USE OF THE LEGAL TERMS: RAISON D’ETRE Meaning and Use of the Legal Term: Raison d’Etre Meaning: “Raison d’Etre” is a French term that translates to “reason for being” or “justification for existence” in English. In legal contexts, it refers to the fundamental purpose or underlying reason behind the existence or creation of
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MEANING AND USE OF THE LEGAL TERMS: RATIO DECIDENDI Meaning and Use of the Legal Term: Ratio Decidendi Meaning: Ratio decidendi, a Latin term, translates to “the reason for deciding.” In legal contexts, it refers to the rationale behind a court’s decision in a case. It represents the legal principle or reasoning on which the
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MEANING AND USE OF THE LEGAL TERMS: QUID PRO QUO Meaning and Use of the Legal Term: Quid Pro Quo Definition: “Quid pro quo” is a Latin phrase that translates to “something for something” in English. In legal contexts, it refers to an exchange or trade where one thing is given in return for another,
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SAFEGUARDS FOR BORROWERS: RIGHTS AND LIMITATIONS UNDER SARFAESI ACT Safeguards for Borrowers: Rights and Limitations under SARFAESI Act The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, was enacted to enable banks and financial institutions to recover their non-performing assets (NPAs) efficiently. However, it’s crucial to understand the safeguards
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ASSET RECONSTRUCTION COMPANIES AND SARFAESI ACT: RESOLVING DISTRESSED ASSETS Asset Reconstruction Companies (ARCs) Asset Reconstruction Companies (ARCs) play a pivotal role in managing distressed assets, often in collaboration with the SARFAESI Act (Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002). Here’s an in-depth exploration of their roles and the synergy
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